Tag: subprime

Subprime auto lenders are financing in more states and lending with more dealers to increase originations without changing their credit ...

Ongoing liquidity issues at America’s Car-Mart are hurting the industry’s perception of the buy here, pay here market, making it ...

LAS VEGAS — Santander Consumer USA has shifted its funding strategy and expanded dealer-facing initiatives as the lender works to ...

More dealerships are courting subprime auto lenders as larger financers slow down or stop nonprime borrowing or exit auto originations ...

Access for auto loans improved in August thanks to longer terms and more subprime borrowing, despite year-over-year increases in new- ...

Truist is selling $5.5 billion in auto loans and exiting near-prime auto lending, the bank announced today.   The transaction represents ...

Banks financed more nonprime auto loans in the second quarter as more subprime borrowers enter the market and some lenders ...

Subprime loan performance weakened as demand rose in the second quarter, while prime performance was steady. The American Financial Services ...